
3316 Martin Luther King Jr Blvd, Sacramento, CA 95817
Retail | 7.35% CAP | 4,283 SqFt
Marketing description
Excellent Investment Opportunity in Sacramento! This retail shopping center offers a strong gross rental income of $108,600 annually, with current property taxes at $5,593.76 and insurance at $3,347.00. The offering includes three parcels and four separate addresses: 3308-3310 MLK Jr Blvd (APN: 013-0354-012-0000) 3312-3316 MLK Jr Blvd (APN: 013-0354-013-0000) 3324 MLK Jr Blvd (APN: 013-0354-014-0000) Totaling approximately 0.3428 acres, the 4,283 SF retail center sits on a high-visibility corridor with 92 feet of frontage along Martin Luther King Jr. Blvd. The sale also includes the vacant lot at 3324, with ready-to-build plans approved for a 2,850 SF commercial building, adding tremendous future value. Ideal for investors seeking both immediate cash flow and development upside in a growing Sacramento corridor.
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